Here's what you get with a New Money CD
If you're already a Premier[@premiereligibility] client, you can earn our best CD rates when you fund your CD with New Money[@newmoney]. Choose a term that suits you best and enjoy a fixed interest rate until maturity.
- Choose from a 6, 9, 12, or 24-month New Money CD and benefit from fixed interest rates[@apynewmoneycd]. A minimum deposit of $1,000 is required.
- Easy account opening and convenient management via online banking.
- You get peace of mind because your savings are covered by our $0 Liability, Online Guarantee[@onlineguaranteecd].
Annual Percentage Yields (APYs)[@apyasterisk]
6 months
4.30% APY
9 months
4.30% APY
12 months
4.20% APY
24 months
4.00% APY
Your options after your New Money CD matures
Your entire New Money CD balance will automatically renew into another New Money CD of the same term, at the interest rate and APY in effect at maturity. Chat with us 24/7 on our mobile app or call 800.975.4722 to get the latest interest rate and APY.
Alternatively, you can choose to:
- Add or withdraw funds[@graceperiodcd]
- Renew into a different New Money CD term
- Move your funds to your other HSBC accounts
Things to know
What you'll need to apply
To open a New Money CD account, you must be an HSBC Premier client with a new or existing HSBC Premier checking account and:
- Be at least 18 years of age
- Have details of your non-HSBC account that you will use to fund your New Money CD
Already an HSBC U.S. customer?
You can apply online in minutes, if you're already a Premier customer. Log on to apply today.
New to HSBC?
You'll need an HSBC Premier checking account before you can apply.
Alternatively call us today at 888.662.4722 (clients outside the US or Canada call 716.841.6866)